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Africa’s Belt and Road will follow beaten path

Location:

AFRICA-CHINA

Despite the rhetoric, China is not offering Africa a new development model, but its engagement remains unique

Patent protectionism could impede innovation globally

Location:

INT

Amid US-China tensions, China has ruled that most iPhones breach patents and must be banned

Pride and politics will push Turkey to recession

Location:

TURKEY

A sudden deterioration in US-Turkish relations has plunged Turkey into a debt and liquidity crisis

COVID-19 crisis complicates nations’ climate financing

Location:

INT

Leaders will consider how to fund and reduce the costs of climate change with COVID-19 crisis costs still looming large

Climate change GDP risk is high regardless of income

Location:

INT

A new study overrules past suggestions that poorer, tropical nations will lose more GDP to the impacts of climate change

Chinese-made electric cars will attract Western wrath

Location:

INT

Chinese-manufactured BEVs are cheaper than Western models, accounting for nearly 10% of EU sales and 50% of imports

The UK’s trade bill will rise sharply outside the EU

Location:

UNITED KINGDOM

The likelihood of hard Brexit has risen and if WTO rules are adopted, the cost of UK goods and services trade will rise

Global house prices have firm but fragile momentum

Location:

INT

Advanced markets’ average real house prices are almost back to the pre-2008/09 crisis peak; emerging markets’ are ahead

Pandemic response threatens climate funding shortfall

Location:

INT

Low- and middle-income states must spend more than 1% of GDP a year on environmental protection but budgets may narrow

Middle East tourism depends on socio-political factors

Location:

MIDDLE EAST

Tourism, a key driver of Middle Eastern economies, is recovering slowly from the COVID-19-induced lows of April 2020